Cumulus Media Inc Cl A (CMLS)

$0.15 -0.04 (-20.63%)
Market Cap 6.89M
Revenue (ttm) 827.08M
Net Income (ttm) -283.25M
EPS (ttm) N/A
PE Ratio 0.00
Forward PE N/A
Profit Margin -34.25%
Debt to Equity Ratio 125.00
Volume 552,500
Avg Vol 528,620
Day's Range N/A - N/A
Shares Out 17.23M
Stochastic %K 48%
Beta 1.17
Analysts Hold
Price Target $10.00

Company Profile

Cumulus Media Inc., an audio-first media company, owns and operates radio stations in the United States. The company owns and operates stations in various markets, as well as affiliated stations through Westwood One. Its content portfolio includes sports, news, talk, and entertainment programming from various brands, including the NFL, the NCAA, the Masters, CNN, Infinity Sports Network, AP News, the Academy of Country Music Awards, and other partners. In addition, the company offers digital mar...

Industry: Broadcasting
Sector: Communication Services
Phone: 404 949 0700
Address:
780 Johnson Ferry Road NE, Suite 500, Atlanta, United States
MrMaxxxx
MrMaxxxx Jan. 29 at 5:24 PM
$CMLS Once the second court of appeal Affirms the lower court rulling regarding The tying the products, which is no brainer, (IT IS LIKE MICKY D, FORCING YOU TO BUY A COKE, IF YOU JUST WANT A BIG MAC😆) Then a quarter will print so fast, it will cause You to fall off your chair! 😁 The chance of that happening is 75 to 80% Me am holding long and strong. Me😁like.
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MrMaxxxx
MrMaxxxx Jan. 27 at 1:17 PM
$CMLS Dan Bongino is scheduled to relaunch his podcast with the Cumulus Podcast Network and Westwood One on February 2, 2026. That is a big boost to their earnings. If you listen to their earning calls, They reffer to it; ​The "Bongino Effect": In their 2025 earnings calls, Cumulus reported that his departure created an estimated $15 million revenue loss for the year. ​Year-over-Year Comparisons: When the CEO says "revenue was down 11%, but up 5% on a post-Bongino basis," they are trying to tell investors: "If you ignore the fact that we lost our biggest star, the rest of our business is actually doing okay." I guess now with Dan coming back that will be another $15 million added. Me like 😁
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MrMaxxxx
MrMaxxxx Jan. 22 at 1:54 PM
$CMLS (PART 3) What’s Next? ​The case is now moving into a more intensive phase at the appellate level. The court will likely set a briefing schedule to hear arguments on whether the preliminary injunction was properly granted. For now, the "win" Cumulus secured in December is on hold. It is important to remeber that the PAUSE IS TEMPORARY, AND WE SHOULD HEAR THE FINAL VERDICT ON THE APPEAL WITH IN 7 TO 14 DAYS. IN MAJORITY OF THE CASES OF ANTI TRUST THE SECOND COURT OF APPEAL, AGREES WITH THE FINDING OF THE LOWER COURT. LIKE MORE THAN 80% OF THE TIME. ESPECIALLY WHILE THE CASE IS MOVING IN THE LOWER COURT. This stay was granted, but by no means it is permanent, which sides with my humble Oppinion. MONOPOLY IS BAD, AND WILL NOT BE TOLLORATED IN ANY FORM, FOR ANY REASON.
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MrMaxxxx
MrMaxxxx Jan. 22 at 1:48 PM
$CMLS ( PART 2) Background: How we got here ​The legal battle intensified over the last few weeks following a landmark victory for Cumulus in the lower court: ​District Court Ruling (Dec 30, 2025): Judge Jeannette Vargas granted Cumulus a preliminary injunction, ruling that Nielsen’s "network tying policy" likely violated antitrust laws. She ordered Nielsen to stop forcing broadcasters to buy local data just to access national "Nationwide" reports. ​Administrative Pause (Jan 12, 2026): Judge Vargas denied Nielsen’s request for a long-term stay but granted a short 4-day administrative delay to allow Nielsen to appeal to the Second Circuit. ​Second Circuit Intervention (Jan 21, 2026): The appeals court stepped in to freeze the injunction, effectively allowing Nielsen to continue its current practices while the legal merits are debated.
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MrMaxxxx
MrMaxxxx Jan. 22 at 1:47 PM
$CMLS UPDATE (PART 1) As of January 22, 2026, the U.S. Court of Appeals for the Second Circuit has not yet issued a final ruling on the merits of the case. However, it recently issued a significant procedural update regarding the injunction. ​Current Status of the Appeal ​On January 21, 2026, the Second Circuit granted Nielsen’s request for a temporary stay of the lower court’s preliminary injunction. ​What this means: The order that blocked Nielsen from linking its national and local ratings (the "network tying policy") is now paused. ​The Scope: This stay is an interim measure. It remains in effect while a three-judge panel from the Second Circuit reviews whether to grant a more permanent stay for the duration of the entire appeal.
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MrMaxxxx
MrMaxxxx Jan. 21 at 2:52 PM
$CMLS 😄😁😆😅😅🤣 Gee,Nielson , No more monopoly! Dont waste your money on your Highly paid and obviously not Highly talented attorneys! Cut your loss. It's over.
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MrMaxxxx
MrMaxxxx Jan. 20 at 6:42 PM
$CMLS Here is Nielson deffence; 😄😁😆😆😅😅🤣😂😂😂😂🤣😅 Warning of Product Retirement: Nielsen executives recently stated in court filings that if they cannot enforce their bundling policy to recover costs, they might be forced to retire the "Nationwide" radio ratings product entirely. This would be a massive disruption to the radio industry, as "Nationwide" is the primary currency for national ad sales. I guess they will open an Ice cream shop Instead!!! 😄😁😆😆🤣🤣😂😂😂🤣🤣🤣😅😆
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MrMaxxxx
MrMaxxxx Jan. 20 at 3:48 PM
$CMLS Nielson is getting ready to right a check to cumulus media soon. Me 😁 like We are talking to the tune of $45 to $60 Million. Money, Money, Money, My favorite 😍 song. The second court of appeal should issue Their decision to affirm Judge Vargas's Rule. That is pretty much the last nail in Nielson's Case. Should hear this week, if not today.
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MrMaxxxx
MrMaxxxx Jan. 19 at 5:38 PM
$CMLS What nielson is saying is alike a Kid saying that they wont eat their dinner, If they can not play X BOX!!! 😁😆😅🤣🤣😂😂🤣🤣😅 GREAT STRATEGY!!
1 · Reply
MrMaxxxx
MrMaxxxx Jan. 19 at 5:36 PM
$CMLS What’s at Stake? ​Nielsen has claimed that if they lose this appeal, they may be forced to "retire the Nationwide report" entirely, arguing that without the "tying policy," the product is no longer economically sustainable. Cumulus, meanwhile, argues that a loss for them would lead to "irreparable harm" and potential financial ruin for their Westwood One network. ​Current Status: As of today, the injunction is active. Nielsen is currently prohibited from charging "commercially unreasonable" rates for its standalone national data for the 2026 Cycle.
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MrMaxxxx
MrMaxxxx Jan. 29 at 5:24 PM
$CMLS Once the second court of appeal Affirms the lower court rulling regarding The tying the products, which is no brainer, (IT IS LIKE MICKY D, FORCING YOU TO BUY A COKE, IF YOU JUST WANT A BIG MAC😆) Then a quarter will print so fast, it will cause You to fall off your chair! 😁 The chance of that happening is 75 to 80% Me am holding long and strong. Me😁like.
1 · Reply
MrMaxxxx
MrMaxxxx Jan. 27 at 1:17 PM
$CMLS Dan Bongino is scheduled to relaunch his podcast with the Cumulus Podcast Network and Westwood One on February 2, 2026. That is a big boost to their earnings. If you listen to their earning calls, They reffer to it; ​The "Bongino Effect": In their 2025 earnings calls, Cumulus reported that his departure created an estimated $15 million revenue loss for the year. ​Year-over-Year Comparisons: When the CEO says "revenue was down 11%, but up 5% on a post-Bongino basis," they are trying to tell investors: "If you ignore the fact that we lost our biggest star, the rest of our business is actually doing okay." I guess now with Dan coming back that will be another $15 million added. Me like 😁
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MrMaxxxx
MrMaxxxx Jan. 22 at 1:54 PM
$CMLS (PART 3) What’s Next? ​The case is now moving into a more intensive phase at the appellate level. The court will likely set a briefing schedule to hear arguments on whether the preliminary injunction was properly granted. For now, the "win" Cumulus secured in December is on hold. It is important to remeber that the PAUSE IS TEMPORARY, AND WE SHOULD HEAR THE FINAL VERDICT ON THE APPEAL WITH IN 7 TO 14 DAYS. IN MAJORITY OF THE CASES OF ANTI TRUST THE SECOND COURT OF APPEAL, AGREES WITH THE FINDING OF THE LOWER COURT. LIKE MORE THAN 80% OF THE TIME. ESPECIALLY WHILE THE CASE IS MOVING IN THE LOWER COURT. This stay was granted, but by no means it is permanent, which sides with my humble Oppinion. MONOPOLY IS BAD, AND WILL NOT BE TOLLORATED IN ANY FORM, FOR ANY REASON.
1 · Reply
MrMaxxxx
MrMaxxxx Jan. 22 at 1:48 PM
$CMLS ( PART 2) Background: How we got here ​The legal battle intensified over the last few weeks following a landmark victory for Cumulus in the lower court: ​District Court Ruling (Dec 30, 2025): Judge Jeannette Vargas granted Cumulus a preliminary injunction, ruling that Nielsen’s "network tying policy" likely violated antitrust laws. She ordered Nielsen to stop forcing broadcasters to buy local data just to access national "Nationwide" reports. ​Administrative Pause (Jan 12, 2026): Judge Vargas denied Nielsen’s request for a long-term stay but granted a short 4-day administrative delay to allow Nielsen to appeal to the Second Circuit. ​Second Circuit Intervention (Jan 21, 2026): The appeals court stepped in to freeze the injunction, effectively allowing Nielsen to continue its current practices while the legal merits are debated.
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MrMaxxxx
MrMaxxxx Jan. 22 at 1:47 PM
$CMLS UPDATE (PART 1) As of January 22, 2026, the U.S. Court of Appeals for the Second Circuit has not yet issued a final ruling on the merits of the case. However, it recently issued a significant procedural update regarding the injunction. ​Current Status of the Appeal ​On January 21, 2026, the Second Circuit granted Nielsen’s request for a temporary stay of the lower court’s preliminary injunction. ​What this means: The order that blocked Nielsen from linking its national and local ratings (the "network tying policy") is now paused. ​The Scope: This stay is an interim measure. It remains in effect while a three-judge panel from the Second Circuit reviews whether to grant a more permanent stay for the duration of the entire appeal.
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MrMaxxxx
MrMaxxxx Jan. 21 at 2:52 PM
$CMLS 😄😁😆😅😅🤣 Gee,Nielson , No more monopoly! Dont waste your money on your Highly paid and obviously not Highly talented attorneys! Cut your loss. It's over.
0 · Reply
MrMaxxxx
MrMaxxxx Jan. 20 at 6:42 PM
$CMLS Here is Nielson deffence; 😄😁😆😆😅😅🤣😂😂😂😂🤣😅 Warning of Product Retirement: Nielsen executives recently stated in court filings that if they cannot enforce their bundling policy to recover costs, they might be forced to retire the "Nationwide" radio ratings product entirely. This would be a massive disruption to the radio industry, as "Nationwide" is the primary currency for national ad sales. I guess they will open an Ice cream shop Instead!!! 😄😁😆😆🤣🤣😂😂😂🤣🤣🤣😅😆
0 · Reply
MrMaxxxx
MrMaxxxx Jan. 20 at 3:48 PM
$CMLS Nielson is getting ready to right a check to cumulus media soon. Me 😁 like We are talking to the tune of $45 to $60 Million. Money, Money, Money, My favorite 😍 song. The second court of appeal should issue Their decision to affirm Judge Vargas's Rule. That is pretty much the last nail in Nielson's Case. Should hear this week, if not today.
0 · Reply
MrMaxxxx
MrMaxxxx Jan. 19 at 5:38 PM
$CMLS What nielson is saying is alike a Kid saying that they wont eat their dinner, If they can not play X BOX!!! 😁😆😅🤣🤣😂😂🤣🤣😅 GREAT STRATEGY!!
1 · Reply
MrMaxxxx
MrMaxxxx Jan. 19 at 5:36 PM
$CMLS What’s at Stake? ​Nielsen has claimed that if they lose this appeal, they may be forced to "retire the Nationwide report" entirely, arguing that without the "tying policy," the product is no longer economically sustainable. Cumulus, meanwhile, argues that a loss for them would lead to "irreparable harm" and potential financial ruin for their Westwood One network. ​Current Status: As of today, the injunction is active. Nielsen is currently prohibited from charging "commercially unreasonable" rates for its standalone national data for the 2026 Cycle.
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MrMaxxxx
MrMaxxxx Jan. 19 at 5:32 PM
$CMLS We should hear from the second court of appeal very very soon. Nielson's monopoly is OVER. ME LIKE 😁
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MrMaxxxx
MrMaxxxx Jan. 19 at 5:31 PM
$CMLS Likelihood of a Decision Against Nielsen: High ​The legal momentum is currently strongly in favor of Cumulus Media. ​District Court Findings: On December 30, 2025, Judge Jeannette Vargas ruled that Cumulus has a "strong likelihood of succeeding on the merits" of its antitrust claims. The court found that Nielsen likely used a "coercive" tying arrangement to force broadcasters to buy local ratings data to access national data. ​The "Price Gouge" Evidence: The court noted that when Cumulus tried to buy national data alone, Nielsen quoted a price roughly 10 times higher than previous rates. The judge categorized this as a "constructive tie" and a violation of the Sherman Antitrust Act. ​Denied Stay: On January 12, 2026, the District Court denied Nielsen’s request to stay (pause) the injunction during the appeal, stating Nielsen failed to show it was likely to win the appeal. This is a strong signal that the lower court believes its ruling is legally sound and will be upheld.
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MrMaxxxx
MrMaxxxx Jan. 16 at 1:20 PM
$CMLS Why today is "Judgment Day" for Nielsen ​If the Second Circuit refuses to step in today, Nielsen loses its leverage. They would have to immediately start billing Cumulus at the lower rate (capped at the highest rate paid by any other broadcaster in 2026) while the long legal process plays out in the background.
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MrMaxxxx
MrMaxxxx Jan. 16 at 1:19 PM
$CMLS Timeline for the Second Circuit's Response: ​Emergency Ruling (Likely by Monday/Tuesday): Because the lower court's stay expires today, the Second Circuit will likely issue a "ruling on the stay" very quickly—often within 24 to 72 hours—to decide if the injunction should be paused while they review the full appeal. ​Full Appeal Briefing (February – March 2026): If the case proceeds on a standard "expedited" track, both sides will spend the next 6–8 weeks filing massive legal briefs. ​Oral Arguments (April – May 2026): We expect the Second Circuit judges to actually hear the oral arguments in mid-spring. A final decision on whether the injunction was legal would follow a few months later.
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MrMaxxxx
MrMaxxxx Jan. 16 at 1:18 PM
$CMLS ​What is happening right now (Jan 16, 2026): ​The Deadline: Nielsen was given until today to file an emergency motion for a stay with the Second Circuit Court of Appeals. ​The Goal: Nielsen is asking the Second Circuit to "freeze" the District Court's injunction. If the Second Circuit doesn't act today, Nielsen will be legally forced—starting tomorrow—to provide Cumulus with standalone national data at the court-mandated "reasonable" price. ​The Filing: Nielsen’s legal team (Gibson Dunn) is expected to file their emergency papers at any moment (if they haven't already). They are arguing that being forced to lower their prices and change their "Network Policy" causes them "irreparable harm" by disrupting their entire 2026 business model.
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MrMaxxxx
MrMaxxxx Jan. 15 at 4:19 PM
$CMLS Ask is fake!😁
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MrMaxxxx
MrMaxxxx Jan. 15 at 2:40 PM
$CMLS BOTTOM LINE; Nielsen needs to get their check book out by Next week, Or risk losing it all. IMHO, They will get on their knees And ask judge Vargas to reduce the Damages that they must pay to Cumulus media in their ANTI TRUST CASE. Even that wont help them, As the law is very simple and clear. 3 TIMES THE DAMAGES IS THE LAW.😁 ME LIKE ALOT.😁
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MrMaxxxx
MrMaxxxx Jan. 15 at 2:36 PM
$CMLS 2. Can Nielsen appeal to the U.S. Supreme Court? ​Yes, but it is not a "right." They would have to file a Petition for a Writ of Certiorari. ​The Process: If the Second Circuit rules against Nielsen, Nielsen has 90 days to ask the Supreme Court to hear the case. ​The Odds: The Supreme Court is extremely selective. They receive roughly 7,000–8,000 petitions a year and only agree to hear about 1% to 2% (usually 70–80 cases). ​What makes them take a case? The Supreme Court usually only steps in if: ​There is a "Circuit Split" (e.g., if the Second Circuit says "this is legal tying" but the Ninth Circuit in California has said the opposite in a similar case). ​The case involves a major national issue of federal law that hasn't been settled. ​Stay Requests: Nielsen could also ask the Supreme Court for an "emergency stay" of the injunction while they decide whether to take the case, but these are rarely granted unless the harm is truly irreversible (like a death penalty case.😁
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MrMaxxxx
MrMaxxxx Jan. 15 at 2:34 PM
$CMLS ​1. How often does the Second Circuit side with the District Court? ​In the federal system, there is a strong "affirmation bias." Appellate courts generally defer to the trial judge’s findings of fact, especially in complex cases like this one. ​General Affirmance Rate: In the Second Circuit, district court rulings are affirmed about 75% to 80% of the time in civil cases. ​The "Abuse of Discretion" Standard: Because Nielsen is appealing a preliminary injunction, the Second Circuit applies a very high bar. They won't reverse the decision just because they disagree with it; they must find that Judge Vargas committed a "clear error of judgment" or misapplied the law. ​Antitrust Nuance: While the general rate is high, antitrust cases are technically dense. If Nielsen can convince the court that Judge Vargas "created" a new legal requirement for a monopolist to provide a specific price (which they argue is "judicial price-setting"), the Second Circuit may be more inclined to Pause.
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MrMaxxxx
MrMaxxxx Jan. 15 at 2:33 PM
$CMLS What to look for next: By Monday morning, we should know if the Second Circuit has stepped in to help Nielsen, or if Cumulus has successfully forced Nielsen to the negotiating table under the new court-mandated price caps. In my mind this is a foregone conclusion For Nielsen. 😁
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MrMaxxxx
MrMaxxxx Jan. 15 at 2:24 PM
$CMLS By next week, Nielson's highly Paid attorneys, will come to the table And try to settel out of court. The 3 TIMES THE DAMAGES IN THE ANTI TRUST CASE, IS A LOST CAUSE FOR THEIR LEGAL TEAM!😁 What are Nielsen's main arguments for the appeal? ​In their filings this week, Nielsen hinted at their appellate strategy, claiming: ​Vagueness: They argue the court's order to charge a "commercially unreasonable" rate is too vague and violates legal standards (Rule 65) because it doesn't clearly define what a "fair" price is. ​Judicial Overreach: They claim the judge is acting like a "central planner" by trying to set market prices, which they argue is outside a court's authority in an antitrust case. ​Existential Threat: Nielsen has dramatically claimed that if the ruling stands, they might have to retire the "Nationwide" product entirely because they won't be able to recover the costs of collecting the data. Gee, NOONE BELIEVES NIELSEN.😁
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MrMaxxxx
MrMaxxxx Jan. 15 at 2:20 PM
$CMLS What is the current status of the appeal? ​Nielsen has already filed motions to stop the injunction while the appeal plays out: ​The Request for a Stay: Nielsen asked the trial judge (Judge Vargas) to "stay" (pause) the injunction pending their appeal to the Second Circuit. ​The Current "Holding Pattern": On January 12, Judge Vargas denied Nielsen’s request for a full stay but granted a short "administrative stay" until tomorrow, Friday, January 16. ​The Second Circuit’s Role Now: Nielsen’s legal team is currently preparing to ask the Second Circuit directly for an emergency stay. If the Second Circuit says "no," the injunction (and its "presumptively reasonable" pricing) will take effect immediately this weekend.
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